Rafaella Resources : Investor Briefing Webinar Presentation

Rafaella Resources

Limited

onlyABN: 49 623 130 987

ASX: RFR

Projects

SPAIN

• Santa Comba

W-Sn development

use• San Finx

W-Sn development

PORTUGAL1

• Borralha

W development

• Vila Verde W exploration

personalCANADA

• Midrim/Laforce

Ni-Cu-PGM exploration

• McCleery

Au-Co-Cu-Ag exploration

1 Pending Completion

Registered Address

Level 8

175 Eagle Street ForB isbane QLD 4000 AUSTRALIA

Postal Address GPO Box 2517 Perth WA 6831 AUSTRALIA P: [phone]

: [phone] [e-mail] www.rafaellaresources.com.au

For further information please contact: Rafaella Resources

Steven Turner

Managing Director [phone]

[e-mail]

ASX ANNOUNCEMENT

2 February 2022

Investor Briefing Webinar

Rafaella Resources Limited (ASX:RFR) ('Rafaella' or the 'Company') is pleased to release a new investor presentation which will be presented by Rafaella Resources' Managing Director Steven Turner at the investor briefing webinar to be held today at 4pm AEDT.

This announcement has been authorised by the Board of Directors of the Company.

Ends

For further information, please contact:

Rafaella Resources	Media Enquiries	Investor Enquiries
Steven Turner	Giles Rafferty	Victoria Geddes
Managing Director	FIRST Advisers	FIRST Advisers
P: [phone]	P: [phone]	P: [phone]

1. [e-mail]

About Rafaella Resources

Rafaella Resources Limited (ASX:RFR) is an explorer and developer of world-class mineral deposits. Rafaella owns the Santa Comba and San Finx tungsten and tin development projects in Spain, as well as having agreed the acquisition of the Borralha and Vila Verde tungsten projects in northern Portugal. The recently acquired San Finx project lies 50km south from the Company's flagship Santa Comba tungsten and tin mine in Galicia, NW Spain. The Portuguese projects to the south are highly complementary to the Spanish projects, all within the same geological belt, strengthening the Company's strategic position in the Iberian Peninsula and its long- term goal of being a significant supplier of the critically listed metals of tungsten and tin.

Rafaella also holds an exploration portfolio in Canada, comprising the Midrim and Laforce high-gradenickel-copper-PGE sulphide projects in Quebec and the McCleery cobalt-copper project in the Yukon. The McCleery project was previously under- explored and holds significant potential. The Midrim and Laforce projects have had extensive drilling with some exciting intersections and offer significant upside for the Company.

To learn more please visit: www.rafaellaresources.com.au

onlyASX:RFR

December 2021 quarter and strategy update

useWebinar

2 February 2022 nal

DISCLAIMER

The release, publication or distribution of this presentation in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this presentation is released, published or distributed should inform themselves about and observe such restrictions.

DISCLAIMER: This presentation is for informational purposes only and does not constitute an offer to sell, or solicitation to purchase, any securities. Such Offer can be made only through proper subscription documentation and only to investors meeting strict suitability requirements. Any failure to comply with these restrictions may constitute a violation of applicable

securities laws. In providing this presentation Rafaella Resourced Limited ("RFR") has not considered the financial position or needs of the recipient. Persons needing advice should consult their stockbroker, bank manager, solicitor, attorney, accountant or other independent financial and legal advisors.

onlyaccredited organisation to which Competent Persons must belong for the purpose of preparing reports on Exploration Results, Mineral Resources and Ore Reserves under the JORC (2012) C de. Lluis Boixet Martí consents to the inclusion in this announcement of the matters based on his information in the form and context in which it appears. The information in this

FORWARD LOOKING STATEMENTS: Various statements in this presentation constitute statements relating to intentions, future acts and events. Such statements are generally classified

as "forward looking statements" and involve known and unknown risks, uncertainties and other important factors that could cause those future acts, events and circumstances to differ

materially from what is presented or implicitly portrayed herein. Prospective shareholders should not place undue reliance on these words such as "anticipates", "expects", "intends",

"p ans", "believes", "seeks", "estimates" and similar expressions that are intended to identify forward-looking statements. RFR cautions shareholders and prospective shareholders not to

place undue reliance on those forward looking statements, which reflect the view of RFR only as of the date of this presentation. The forward-looking statements made in this presentation relate only to events as of the date on which the statements are made.

COMPETENT PERSONS: The information in this announcement that relates to Santa Comba, San Finx, Borralha and Vila Verde Exploration Results and Historical Estimates is based on,

and fairly represents, information and supporting documentation compiled under the supervision of Lluis Boixet Martí, a consultant to the Company. Lluis Boixet Martí holds the title of

European Geologist (EurGeol), a professional title awarded by the European Federation of Geologists (EFG). EFG is a 'Recognised Professional Organisations' (ROPO) by the ASX, an

release that relates to the Estimation and Reporting of Mineral Resources and Exploration targets for the Santa Comba project has been compiled by Adam Wheeler who is a professional

fellow (FIMMM) of the Institute of Materials, Minerals and Mining. Mr. Wheeler is an independent mining consultant . Mr. Wheeler has sufficient experience which is relevant to the style

useOre Reserves in accordance with the guidelines of the JORC Code (2012). A competent person has not completed sufficient work to classify these mineral estimates as Mineral Resources or Ore Reserves in accordance with the guidelines of the JORC Code (2012). It is uncertain that following evaluation and/or further exploration work that the mineral estimates will be able

and mineralization and type of deposits under consideration and to the activity that he is undertaking to qualify as a Competent Person as defined in the 2012 edition of the JORC Code.

Mr. Wheeler consents to the including of this information in the form and context in which it appears in this release. The information in this announcement that relates to Geophysical

Exploration Results for the Midrim and LaForce claims is based on information compiled by Mr Russell Mortimer, who is employed as a Consultant to the Company through geophysical

consultancy Southern Geoscience Consultants Pty Ltd. Mr Mortimer is a member of the Australian Institute of Geoscientists (AIG) and a member of the Australian Society of Exploration

Geophysicists (ASEG) and has sufficient experience of relevance to the styles of mineralisation and the types of deposits under consideration, and activities undertaken, to qualify as a

Competent Person as defined in the 2012 Edition of the Joint Ore reserves Committee (JORC) Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Re erves. Mr Mortimer consents to the inclusion in the report of matters based on information in the form and context in which it appears.

CAUTIONARY NOTE REGARDING HISTORICAL MINERAL ESTIMATES: The mineral estimates reported in this release are historical estimates and are not reported as Mineral Resources or

to be reported as Mineral Resources or Ore Reserves in accordance with JORC Code (2012). RFR confirms that it is not aware of any new information or data that materially affects the

information included in this report and confirms that all material assumptions and parameters underpinning the 2016 Mineral Resource Estimate and 1987 Historical Mineral Estimate
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continue to apply and have not materially changed.
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PROJECT PORTFOLIO

I B E R I A N P E N I N S U L A	C A N A D A
		Santa
		Comba
only		and San
	Finx W/Sn
		McCleery
			Cu-Co-Ag
	Borralha		Exploration
	and	S P A I N
Vila Verde*
	W
			C A N A D A
P O R T U G A L		Midrim/
use			Laforce
			Ni-Cu-PGE
			Exploration
Development - Spain and Portugal	Exploration - Canada
Focus projects: Santa Comba & San Finx mines in	• Midrim/Laforce high grade Ni-Cu-PGE sulphide in Quebec
Galicia, northwest Spain		• McCleery copper, cobalt, silver in Yukon
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* Pending completion - See ASX announcement 23 November 2021 'Strategic Tungsten Acquisition - Borralha and Vila Verde Projects'

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2Q FY22 RESULTS (period to 31 December)

		2Q FY22	1H FY22
	Opening cash	$2.6M	$3.4M
only	($0.4M)	($0.4M)*
	Cash used in operations
	Cash used in investing activities	($1.0M)	($1.9M)
	Exchange rate movement	($0.1M)	($0.1M)
	Closing cash position	$1.0M	$1.0M
use
	Note figures may not add correctly due to rounding
	*offset by tax recovery
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